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THE ROYAL SWAZILAND SUGAR CORPORATION LIMITED

DECLARATION OF DIVIDEND NUMBER 45

NOTICE IS HEREBY GIVEN that a final dividend (dividend 45) of 96.63 cents per share in the currency of Swaziland for the year ending 31 March 2016 has been declared payable to Shareholders registered in the books of the company at the close of business on 05 May 2016.

The transfer books and register of members will be closed from 06 May 2016 to 12 May 2016 both days inclusive, for the purpose of determining those Shareholders to whom the dividend shall be paid. Payment of dividend is expected to be posted on or about 10 June 2016.

Normal and withholding tax will be deducted from dividends paid to local shareholders and non-resident shareholders respectively where applicable.

The above-mentioned interim dividend will be paid out of current earnings. The unaudited consolidated forecasted profit before taxation of the company and its subsidiaries for the year ending 31 March 2016 is approximately E370 Million.

By Order of the Board
LS Masango

Company Secretary

11 April 2016

Registered office Transfer Secretaries Brokers
Simunye Sugar Estate KPMG Advisory (Swaziland) (Pty) Limited Swaziland Stock brokers Limited

P O Box 1 P O Box 331 P O Box 2818

SIMUNYE L301 MBABANE H100 MBABANE H100

Swaziland Swaziland Swaziland

Directors: A T Dlamini (Chairman), HRH Princess Phumelele, N Jackson (Managing), J du Plessis, T Davidson, Z R Magagula; B Mkhaliphi, D. van Niekerk, MSM Shongwe, Chief Z N Ndlangamandla, J N Gule, A Idris. Alternates: OE Fagbemi (Alternate to A Idris), M Ndlela (Alternate to J N Gule), A Ngcobo (Alternate to A T Dlamini). Company Secretary: LS Masango.